Media Releases

Stay up-to-date with our latest media releases on our space innovations and industry partnerships.

May 20, 2025

MDA SPACE AND SATIXFY ANNOUNCE AMENDED MERGER AGREEMENT FOR INCREASED CONSIDERATION AND POSTPONEMENT OF SHAREHOLDER MEETING

May 20, 2025 BRAMPTON, ON and REHOVOT, Israel - MDA Space Ltd. (TSX: MDA), a trusted mission partner to the rapidly expanding global space industry, and SatixFy Communications Ltd. (NYSE American: SATX), a leader in next-generation satellite communication systems based on in-house-developed chipsets, today announced that they have agreed to amend the terms of the Agreement and Plan of Merger (the “Merger Agreement”), dated April 1, 2025 among SatixFy Communications Ltd. (“SatixFy”) , MDA Space Ltd. (“MDA”) and certain subsidiaries, pursuant to which MDA agreed to acquire SatixFy in an all-cash transaction for US$2.10 (without interest) per ordinary share, which implied an aggregate equity value for the Company of approximately US$193 million.

May 6, 2025

BRINGING THE MOON TO THE CLASSROOM: MISSION CONTROL TEAMS WITH MDA SPACE TO INSPIRE THE NEXT GENERATION OF CANADIAN SPACE LEADERS

Mission Control and MDA Space, recognized Canadian space industry leaders, have teamed up to bring a lunar rover driving experience to Canadian students from coast to coast to coast. The Rover Driving Academy is a distinctive educational program available free of charge to students in grades six to nine across Canada. Designed to teach students about space science, robotic exploration, and team building, the activity culminates with a hands-on immersive experience controlling a real lunar rover prototype in Mission Control’s Moonyard.

April 30, 2025

MDA SPACE CHIEF PEOPLE, CULTURE AND TRANSFORMATION OFFICER STEPHANIE MCDONALD NAMED ONE OF CANADA’S BEST EXECUTIVES BY THE GLOBE & MAIL’S REPORT ON BUSINESS MAGAZINE

April 30, 2025 (Brampton, ON) – MDA Space Ltd. (TSX:MDA), a trusted space mission partner to the rapidly expanding global space industry, congratulates Stephanie McDonald, Chief People, Culture and Transformation Officer, on being recognized as one of Canada’s Best Executives of 2025 by The Globe & Mail’s Report on Business Magazine.

April 1, 2025

MDA SPACE TO ACQUIRE SATIXFY COMMUNICATIONS

April 1, 2025 (BRAMPTON & REHOVOT) – MDA Space Ltd. (TSX:MDA), a trusted mission partner to the rapidly expanding global space industry, and SatixFy Communications Ltd. (NYSE American: SATX), a leader in next-generation satellite communication solutions based on in-house-designed chipsets, today jointly announced that they have entered into a definitive agreement (the “Transaction Agreement”) under which MDA Space will acquire all outstanding shares of SatixFy in an all-cash transaction for US$2.10 per share. The transaction, which represents an equity value for SatixFy of approximately US$193 million (approximately C$278 million), is expected to further enhance the end-to-end satellite systems offering of MDA Space as demand for next generation digital satellite communications continues to accelerate.

February 10, 2025

MDA SPACE SIGNS $1.1B CONTRACT WITH GLOBALSTAR TO BUILD NEXT GENERATION LEO CONSTELLATION

February 10, 2025 (BRAMPTON, ON) – MDA Space Ltd. (TSX:MDA), a trusted mission partner to the rapidly expanding global space industry, today announced that it has signed a definitive contract with Globalstar Inc. (NYSE American: GSAT) to be the prime contractor for the satellite operator’s next generation low Earth orbit (LEO) constellation, with a total contract value of approximately $1.1 billion*.